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November 15, 2024  
 
 
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I Need an SBA 7A Loan in Polson, Montana

 

 
Loan Census SBA Loan Info

Business Loans for Ambulance Services

Looking for business loans for ambulance services? Talk to a banker who works with the SBA. This $68,000 ambulance services loan was issued by a Montana bank.

Getting a small business loan in Polson, Montana was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Community Bank, Inc., operating out of Polson, Montana. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: AMBULANCE SERVICES
POLSON, MT 59860

SBA Loan Lender

COMMUNITY BANK, INC.
50510 US HWY 93
POLSON, MT 59860

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621910 - Ambulance Services

Loan Approval Date

9/11/2002

Loan Approval Gross Amount

$68,000

Loan Approval from the SBA

Of the total $68,000 loan amount, the SBA guaranteed $57,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Community Bank, Inc. had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Community Bank, Inc. made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

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Banks in Polson, Montana

Getting an SBA Loan in Montana